I hear others talk of 'saving pennies and spending dollars' when starting out, trying to do too much themselves, etc.  

I was thinking of making rent all inclusive with rent, utilities, cable, internet, cleaning services and household common area shopping( toilet paper, soap etc).

Right now I spend a lot of time looking at websites like you have mentioned.

Spending all that money on gfi's will just be a waste of your money.

As a recent graduate who is interested in doing a flip in live what do you suggest I spend on my first investment?

If you spend just $1 more than this amount, you have to bring the entire house to current - raising the foundation, etc.

Before you buy anything, I would search "Wholesaling" here and you'll spend the next couple weeks getting to know who has been here a while, has a reputation, and you'll find TONS of info.  

What you can spend?

I have to ask, since you buy low, spend some money and appraise high ... are you guys purposely using the BFRR strategy, or did this just kind of come about?

The only property tax discounts in Mecklenburg county that I am aware of are for the elderly low income households (65+) and/or disabled veterans and that only applies to their primary residence.